Sellers took control after the spike top — $RE rejected hard from $0.7556 and is retracing toward $0.6893, still printing lower highs.
$RE is showing a post-spike bearish retracement, with price down roughly 9% from $0.7556 and no confirmed reversal candle at current levels.
Trade Setup:
Entry: $0.6893 – $0.7258
Target: $0.7556 / $0.7644
Stop Loss: $0.6486
199.92M USDT volume against 300.69M RE traded shows substantial recent liquidity. Price is chopping between $0.6893 support and $0.7258 resistance after the spike; a decisive break of either level is needed to confirm the next directional move.
Let's go and Trade now $RE
#Write2Earn
Disclaimer: This is my personal on-chain analysis and not financial advice. Always do your own research before trading.
$RE is showing a post-spike bearish retracement, with price down roughly 9% from $0.7556 and no confirmed reversal candle at current levels.
Trade Setup:
Entry: $0.6893 – $0.7258
Target: $0.7556 / $0.7644
Stop Loss: $0.6486
199.92M USDT volume against 300.69M RE traded shows substantial recent liquidity. Price is chopping between $0.6893 support and $0.7258 resistance after the spike; a decisive break of either level is needed to confirm the next directional move.
Let's go and Trade now $RE
#Write2Earn
Disclaimer: This is my personal on-chain analysis and not financial advice. Always do your own research before trading.